SiamEast Solutions Public Company Limited (SE) - Net Assets

Latest as of December 2025: ฿483.72 Million THB ≈ $15.08 Million USD

Based on the latest financial reports, SiamEast Solutions Public Company Limited (SE) has net assets worth ฿483.72 Million THB (≈ $15.08 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿613.19 Million ≈ $19.11 Million USD) and total liabilities (฿129.47 Million ≈ $4.04 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore SiamEast Solutions Public Company Limite (SE) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿483.72 Million
% of Total Assets	78.89%
Annual Growth Rate	14.65%
5-Year Change	45.25%
10-Year Change	239.24%
Growth Volatility	28.1

SiamEast Solutions Public Company Limited - Net Assets Trend (2012–2025)

This chart illustrates how SiamEast Solutions Public Company Limited's net assets have evolved over time, based on quarterly financial data. Check SiamEast Solutions Public Company Limite (SE) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for SiamEast Solutions Public Company Limited (2012–2025)

The table below shows the annual net assets of SiamEast Solutions Public Company Limited from 2012 to 2025. For live valuation and market cap data, see SiamEast Solutions Public Company Limite market capitalisation.

Year	Net Assets	Change
2025-12-31	฿483.72 Million ≈ $15.08 Million	+5.05%
2024-12-31	฿460.45 Million ≈ $14.35 Million	+5.31%
2023-12-31	฿437.25 Million ≈ $13.63 Million	+9.37%
2022-12-31	฿399.80 Million ≈ $12.46 Million	+20.05%
2021-12-31	฿333.01 Million ≈ $10.38 Million	-8.88%
2020-12-31	฿365.45 Million ≈ $11.39 Million	+8.43%
2019-12-31	฿337.04 Million ≈ $10.51 Million	+8.31%
2018-12-31	฿311.19 Million ≈ $9.70 Million	+4.07%
2017-12-31	฿299.02 Million ≈ $9.32 Million	+109.70%
2016-12-31	฿142.59 Million ≈ $4.44 Million	+23.15%
2015-12-31	฿115.78 Million ≈ $3.61 Million	+5.64%
2014-12-31	฿109.60 Million ≈ $3.42 Million	+6.90%
2013-12-31	฿102.52 Million ≈ $3.20 Million	+25.38%
2012-12-31	฿81.77 Million ≈ $2.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SiamEast Solutions Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 223.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿246.65 Million	51.85%
Other Components	฿229.02 Million	48.15%
Total Equity	฿475.67 Million	100.00%

SiamEast Solutions Public Company Limited Competitors by Market Cap

The table below lists competitors of SiamEast Solutions Public Company Limited ranked by their market capitalization.

Company	Market Cap
Ascendant Resources Inc TO:ASND	$10.80 Million
Infrared Cameras Holdings Inc NASDAQ:MSAI	$10.81 Million
Canaf Investments Inc V:CAF	$10.81 Million
Immolease Trust NV BR:DIEG	$10.81 Million
Goodfood Market Corp TO:FOOD	$10.80 Million
Art Nirman Limited NSE:ARTNIRMAN	$10.80 Million
SSH Group Ltd AU:SSH	$10.80 Million
Mode Tour Real Estate Investment Trust Inc KO:204210	$10.79 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SiamEast Solutions Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 453,426,503 to 475,668,993, a change of 22,242,490 (4.9%).
Net income of 40,242,073 contributed positively to equity growth.
Dividend payments of 18,385,459 reduced retained earnings.
Other comprehensive income decreased equity by 16,003,055.
Other factors increased equity by 16,388,930.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿40.24 Million	+8.46%
Dividends Paid	฿18.39 Million	-3.87%
Other Comprehensive Income	฿-16.00 Million	-3.36%
Other Changes	฿16.39 Million	+3.45%
Total Change	฿-	4.91%

Book Value vs Market Value Analysis

This analysis compares SiamEast Solutions Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.73x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 3.51x to 0.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	฿0.15	฿0.51	x
2013-12-31	฿0.18	฿0.51	x
2014-12-31	฿0.19	฿0.51	x
2015-12-31	฿0.21	฿0.51	x
2016-12-31	฿0.34	฿0.51	x
2017-12-31	฿0.55	฿0.51	x
2018-12-31	฿0.55	฿0.51	x
2019-12-31	฿0.60	฿0.51	x
2020-12-31	฿0.65	฿0.51	x
2021-12-31	฿0.63	฿0.51	x
2022-12-31	฿0.59	฿0.51	x
2023-12-31	฿0.64	฿0.51	x
2024-12-31	฿0.67	฿0.51	x
2025-12-31	฿0.70	฿0.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SiamEast Solutions Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 8.46%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.25%
• Asset Turnover: 0.91x
• Equity Multiplier: 1.29x
Recent ROE (8.46%) is below the historical average (18.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	57.92%	8.63%	2.42x	2.78x	฿39.18 Million
2013	33.73%	9.03%	1.96x	1.91x	฿24.33 Million
2014	24.70%	5.70%	1.84x	2.36x	฿16.11 Million
2015	26.83%	7.56%	1.81x	1.97x	฿19.48 Million
2016	18.80%	6.17%	1.90x	1.60x	฿12.55 Million
2017	12.01%	8.91%	1.00x	1.35x	฿6.02 Million
2018	8.53%	6.45%	0.98x	1.35x	฿-4.56 Million
2019	10.52%	7.38%	1.07x	1.33x	฿1.75 Million
2020	11.10%	8.94%	0.95x	1.31x	฿4.03 Million
2021	10.53%	7.14%	1.00x	1.47x	฿1.76 Million
2022	16.85%	11.02%	1.09x	1.41x	฿27.13 Million
2023	14.24%	9.50%	1.14x	1.31x	฿18.29 Million
2024	7.90%	6.65%	0.96x	1.23x	฿-9.51 Million
2025	8.46%	7.25%	0.91x	1.29x	฿-7.32 Million

Industry Comparison

This section compares SiamEast Solutions Public Company Limited's net assets metrics with peer companies in the Industrial Distribution industry.

Industry Context

Industry: Industrial Distribution
Average net assets among peers: $758,632,678
Average return on equity (ROE) among peers: 11.01%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SiamEast Solutions Public Company Limited (SE)	฿483.72 Million	57.92%	0.27x	$10.80 Million
Alla Public Company Limited (ALLA)	$958.53 Million	10.54%	0.28x	$21.88 Million
Porn Prom Metal Public Company Limited (PPM)	$1.19 Billion	10.10%	0.85x	$28.15 Million
Thai Mui Corporation Public Company Limited (THMUI)	$131.69 Million	12.38%	1.52x	$3.37 Million

About SiamEast Solutions Public Company Limited

BK:SE Thailand Industrial Distribution

Market Cap

$10.80 Million

฿346.52 Million THB

Market Cap Rank

#26863 Global

#556 in Thailand

Share Price

฿0.51

Change (1 day)

+2.00%

52-Week Range

฿0.40 - ฿0.52

All Time High

฿176.33